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<br />2006-2010 CIP <br />2/16/2006 <br />Page 4 <br /> <br />. <br /> <br />will be reviewing the City's MSA fund balance to determine the amount that may be used <br />towards this project. <br /> <br />Emergencv Vehicle Pre-emption (EVP) <br />Ramsey County has identified nine intersections in Arden Hills that eurrent]y do not have <br />EVP installed. The intersection TH 10 and Highway 96, with an estimated cost of $9,500, <br />will possibly bc funded by Ramsey County andlor MnlDOT as a part of their signal <br />improvement project this summer. Three intersections are shared with Shoreview; costs for <br />these intersections would also be shared. Shoreview has budgeted for their upgrades to be <br />completed in 2006. At a minimum, staff believes that the costs for the intersections shared <br />with Shorevicw (approximately $8,000) should bc included in Arden Hills' 2006 <br />improvcmcnt projects. The cost to upgrade the remaining five intersections is estimated at <br />about $18,000. Costs incurred for the EVP project would be eligible for reimbursement from <br />MSA funds. Attached is a spreadsheet listing the intersections and associated cost estimates <br />for these improvements. <br /> <br />FACTORS I-OR FUTURE PROJECTS <br /> <br />MSA funds <br />StalT will be meeting with Ramsey County staff to review the City's final costs for the . <br />Lexington A venuc rcconstruction project and to determine which costs are eligible for <br />reimbursement from MSA funds. Once thc rcview is complete and staff has a better <br />understanding of the MSA fund balance, staff will be able to set asidc amounts to be used for <br />the MSA cligib]e unassigned projects. City staff is sccking guidance from Council in <br />prioritizing the unassigned projects listcd on the current CIP. <br /> <br />General Capita] Fund Balance <br />While developing and modifying the CIP, it would be helpfu] to receive some direction from <br />Council as to fund balanccs. What is Council's level of comfort for a minimum balance? <br />Where would Council Iikc to see the balance at the end of the 5 year plan? We can have a <br />more detailed and accurate discussion after the 2005 audited numbers are finalized in May. <br /> <br />Street rehabilitation cvcle <br />The PMP Projects scheduled for 2007 to 20 I 0 are based on current PCI ratings and current <br />rehabilitation cycle as developed by URS. Given the fund balances, it may be time to <br />reevaluate the current cycle. The support agreement Goodpointe Technologies proposed to us <br />would be able to assist thc City with the PMP budget analysis. What Goodpointe has done in <br />the past with other communities is to run an analysis using the cxisting cycle and existing <br />spending patterns. Another scenario typically analyzed includes dctermining a desired <br />average PCI rating for the City and spending limit to determinc how many years it will take <br />to reach the desired goal. The average weighted PCI rating for Arden Hills as calcu]ated by <br />Goodpointe is 68.25. Goodpointe indicated that several other communities strive for an <br />aver:dge PCI of around 75. <br /> <br />- <br />